National Pension System (NPS) for Retirement Planning
- It is voluntary - NPS is open to every Indian citizen. Subscriber can choose the amount you want to set aside and save every year.
- It is flexible - Subscriber can choose your own investment option and Pension Fund Manager and see his money grow.
- It is portable - Subscriber can operate his account from anywhere in the country, even if he changes city, job or Pension Fund Manager.
- It is regulated - NPS is regulated by PFRDA, with transparent investment norms and regular monitoring and performance review of fund managers by NPS Trust.
- Reasonable market based returns - over the long term
- Tax Benefits - Contribution towards NPS exempted under Sec 80C
- Low cost investment - Cost effective mode of planning for one's retirement.
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